The Flower Bank Limited

The Flower Bank Limited, based in Workington, UK, is a small, active holding company established 17 years ago. With 18 employees and £604,692 in assets, it’s a significant player in the regional wholesale flower and plant industry. The company, boasting a 4.0 Google rating from 7 reviews, operates from a real address shared by six other businesses and is overseen by three directors and two owners. It regularly imports paper and paperboard products, with the last import operation occurring in June 2024.

The company’s website highlights its role as a wholesale supplier of fresh cut flowers, plants, and sundries to the North of England and Scotland. It caters to the floristry trade, offering both online and cash-and-carry options. The website emphasizes quality products, competitive pricing, and exceptional customer service. It even has a "tropics room" and offers specialized services like disaster recovery for damaged pianos—a surprising and intriguing addition to its core business.

Financially, The Flower Bank Limited presents a mixed picture. While fixed assets increased by 5.4% to £370,000, current assets declined by 16% to £600,000. Cash reserves plummeted 98% to a mere £22, indicating a reliance on bank borrowings. Creditors remained stable, and net assets decreased by 17% to -£740,000. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the substantial equity decline warrants attention. No auditor is mentioned, consistent with its status as a small, exempt company.

In short, The Flower Bank Limited is navigating a challenging financial landscape, while maintaining a strong reputation for quality and service within its niche market. The company’s unusual diversification into piano restoration adds an element of intrigue and suggests a broader entrepreneurial spirit—but whether this venture will contribute to long-term stability remains to be seen.

Registered in England/Wales under the registration number 06562436, with a registered address at CA14 2AL, England, Workington, Cumbria, Milburn House, Oxford Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.